Oregon Capital Gains Tax Calculator
Oregon taxes capital gains as ordinary income at the state level, which means a gain on selling shares, property or other investments is added to your other income and taxed using the Oregon income tax brackets, with no separate preferential long-term rate like the federal system provides. This calculator estimates the Oregon state tax on a capital gain by stacking the gain on top of your other taxable income and applying the sourced Oregon Department of Revenue brackets for tax year 2024, then taking the difference. Enter your gain, your other annual taxable income and your filing status to see the state tax attributable to the gain and the effective rate on it. The result is the Oregon state portion only; federal capital gains tax, which has separate short-term and long-term rates set by the IRS, is calculated separately. Because the gain stacks on your other income, the same gain is taxed at a higher rate the more you already earn. Some states provide specific exclusions or preferential treatment for certain gains; this tool uses the standard ordinary-income method and links the Oregon Department of Revenue so you can confirm any special rule that applies to you.
Oregon taxes capital gains as ordinary income. A $20,000.00 gain on top of $60,000.00 of other income (single) adds about $1,750.00 in Oregon state tax, an effective rate on the gain of 8.75%.
How Oregon taxes capital gains
Oregon taxes capital gains as ordinary income, so the gain is added to your other income and taxed at the Oregon bracket rates.
state tax on gain = state income tax on (other income + gain) - state income tax on (other income)
effective rate on gain = state tax on gain / gain x 100
Oregon capital gains tax: frequently asked questions
How are capital gains taxed in Oregon?
Oregon taxes capital gains as ordinary income at the state level: the gain is added to your other taxable income and taxed using the Oregon income tax brackets published by the Oregon Department of Revenue. This calculator applies those brackets to your gain. Some states provide specific exclusions or rates for particular gains; confirm your situation with the Oregon Department of Revenue.
How much state tax will I pay on a $20,000.00 capital gain in Oregon?
Stacked on $60,000.00 of other income, a $20,000.00 gain adds about $1,750.00 of Oregon state income tax for a single filer, an effective rate on the gain of 8.75%. Your figure depends on your total income and filing status; enter them above.
Does Oregon have a separate long-term capital gains rate?
Most states, including the default treatment here, tax long-term and short-term capital gains at the same ordinary income rates, unlike the federal system which has preferential long-term rates. Any state-specific exclusion or preferential rate is set by the Oregon Department of Revenue; this calculator uses the ordinary income method and links the source.
What is Oregon's top income tax rate?
Oregon's top marginal income tax rate is 9.9%, which applies to taxable income over $250,000 for single filers, married filing separately, and head of household, and over $500,000 for married filing jointly. This is one of the higher state income tax rates in the United States.
Does Oregon have a sales tax?
No. Oregon has no state sales tax. Oregon relies more heavily on income taxes compared with states that have sales taxes. This is a notable feature of Oregon's tax structure for residents and visitors.
What are the Portland Metro and Multnomah County income taxes?
Portland Metro imposes a 1% tax on individual income over $125,000 (single) or $200,000 (joint), funding supportive housing services. Multnomah County (which includes Portland) imposes a separate income tax called the Preschool for All tax: 1.5% on income over $125,000 (single) or $200,000 (joint), rising to 3% above $250,000 (single) or $400,000 (joint). These are separate from Oregon state income tax and are not included in this calculator. See the City of Portland Revenue Division for details.
How does Oregon's standard deduction phase-out work?
Oregon's standard deduction phases out for higher-income taxpayers. The phase-out begins at approximately $100,000 of Oregon AGI for single filers and $200,000 for married filing jointly filers. Taxpayers above these thresholds will have a reduced standard deduction; at higher income levels the deduction is eliminated entirely. See the Oregon Department of Revenue for exact phase-out figures for the current tax year.
Are federal taxes deductible on Oregon returns?
Yes, Oregon allows a deduction for federal income taxes paid, up to a cap. For 2024 the cap is $7,050 for single filers and $14,100 for married filing jointly. This federal tax deduction is a distinctive feature of Oregon's income tax system and reduces Oregon taxable income for most filers.
Official sources
- Oregon income tax rates applied to capital gains (tax year 2024): Oregon Department of Revenue, as at Jun 12, 2026.
Reviewed by the CalculatorHub team, edited by James Graham, 25 June 2026. See our methodology. General information, not financial or tax advice. State-specific exclusions, if any, are set by the Oregon Department of Revenue.